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Certified Collectibles Group (CCG) Acquires Classics Incorporated
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1,496 posts in this topic

That being said, you need not compare me to people who have vast amounts of knowledge in one field of other. I succeeded in the antiques and collectibles business because I have a vast knowledge of multitude fields of interest. I do not argue that a lot of cross-collectors and dealers here have a similar amount of knowledge. While you may not agree with how I may seem to come across; my only interest is sharing and learning from that knowledge. My original signature post was 'here to learn.' I only hope other individuals also learn from me as well.

 

I believe we have a new drinking game!

 

Oh, we are back 'on me.' Does this mean I have to buy the first round? I don't drink...but I love a good old fashioned Coca-Cola Classic.

 

You're not a Pepsi fan by chance are you?

 

Kind Regards,

 

'mint'

 

Much better, now if we can only get you to say your real first name, or change your signature to something less upper crust;)

 

The antique collectible field is HUGE, instead of saying you are an "expert" perhaps you can tell us what field you specialize in?

 

Sharon

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Here is a thought,and not a statement.

Does anybody see this as a last gasp hail mary by CGC?

They got competition with digital comics exploding in sales on one side,and then they got the big players now moving into OA.

It seems getting that CGC 9.6 pressed into CGC 9.8 doesn`t seem that special anymore.

Look at all the interest this has created on the board.

 

 

CGC will slab more books this year than they ever have. Business is in no way down.

No Hail Mary needed.

You have to admit a 1966 and up cgc 9.8 really isn`t that hard or expensive to get anymore.

An example.

Somebody(dealer) does all that work(pressing and slabbing),but someone(collector) can just go on Ebay or another site, and get that 9.8 cheaper than they would pay the dealer or presser themselves.

The point I am trying to make there really isn`t that much a money incentive now to even want your 9.6 pressed up to 9.8. 3 to 5 years ago pressing and resubs was bank. It is not so anymore for most comics.

Those days are past,and it looks like the big players are moving into OA.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) Who are these big players you're talking about who've moved to OA? Could you name one or two of them?

I will name three.

ComicConnect

Heritage Auctions

ComicLink

They would get much more excited about OA art offered for them for sale,then the dealer who offers up a bronze to copper 9.6 pressed up to a 9.8

Go check out what all the buzz has been about lately on

ComicConnect

Heritage Auctions

ComicLink

It`s been about

OA

and not the common pressed 9.6 to 9.8 slab.

CGC must realize this,and this move with Matt may have something to do with the waning interest of pressed books. Seems like they are trying to make a jumpstart.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move or a 'jumpstart'. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) 'Waning interest in pressed books?' What planet are you from? There's more pressing going on now than ever before.

E) And what is this 'buzz' you speak of as a quantifiable thing? The Auction houses are just as excited about comics as they are OA. In fact, I get more e-mails from each of them about comic auctions than I do OA. So they aren't sharing the buzz.

 

I get the strong impression that CC lives in his own world where his thoughts are always reality (shrug)

 

You don`t know my style.

I ask questions conflictly so I can learn.

If I ask them boringly I will get the company robot response answer.

I mined a lot of information out of people this way. ;)

 

Do you enjoy playing devil's advocate?

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Here is a thought,and not a statement.

Does anybody see this as a last gasp hail mary by CGC?

They got competition with digital comics exploding in sales on one side,and then they got the big players now moving into OA.

It seems getting that CGC 9.6 pressed into CGC 9.8 doesn`t seem that special anymore.

Look at all the interest this has created on the board.

 

 

CGC will slab more books this year than they ever have. Business is in no way down.

No Hail Mary needed.

You have to admit a 1966 and up cgc 9.8 really isn`t that hard or expensive to get anymore.

An example.

Somebody(dealer) does all that work(pressing and slabbing),but someone(collector) can just go on Ebay or another site, and get that 9.8 cheaper than they would pay the dealer or presser themselves.

The point I am trying to make there really isn`t that much a money incentive now to even want your 9.6 pressed up to 9.8. 3 to 5 years ago pressing and resubs was bank. It is not so anymore for most comics.

Those days are past,and it looks like the big players are moving into OA.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) Who are these big players you're talking about who've moved to OA? Could you name one or two of them?

I will name three.

ComicConnect

Heritage Auctions

ComicLink

They would get much more excited about OA art offered for them for sale,then the dealer who offers up a bronze to copper 9.6 pressed up to a 9.8

Go check out what all the buzz has been about lately on

ComicConnect

Heritage Auctions

ComicLink

It`s been about

OA

and not the common pressed 9.6 to 9.8 slab.

CGC must realize this,and this move with Matt may have something to do with the waning interest of pressed books. Seems like they are trying to make a jumpstart.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move or a 'jumpstart'. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) 'Waning interest in pressed books?' What planet are you from? There's more pressing going on now than ever before.

E) And what is this 'buzz' you speak of as a quantifiable thing? The Auction houses are just as excited about comics as they are OA. In fact, I get more e-mails from each of them about comic auctions than I do OA. So they aren't sharing the buzz.

 

I get the strong impression that CC lives in his own world where his thoughts are always reality (shrug)

 

You don`t know my style.

I ask questions conflictly so I can learn.

If I ask them boringly I will get the company robot response answer.

I mined a lot of information out of people this way. ;)

 

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Here is a thought,and not a statement.

Does anybody see this as a last gasp hail mary by CGC?

They got competition with digital comics exploding in sales on one side,and then they got the big players now moving into OA.

It seems getting that CGC 9.6 pressed into CGC 9.8 doesn`t seem that special anymore.

Look at all the interest this has created on the board.

 

 

CGC will slab more books this year than they ever have. Business is in no way down.

No Hail Mary needed.

You have to admit a 1966 and up cgc 9.8 really isn`t that hard or expensive to get anymore.

An example.

Somebody(dealer) does all that work(pressing and slabbing),but someone(collector) can just go on Ebay or another site, and get that 9.8 cheaper than they would pay the dealer or presser themselves.

The point I am trying to make there really isn`t that much a money incentive now to even want your 9.6 pressed up to 9.8. 3 to 5 years ago pressing and resubs was bank. It is not so anymore for most comics.

Those days are past,and it looks like the big players are moving into OA.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) Who are these big players you're talking about who've moved to OA? Could you name one or two of them?

I will name three.

ComicConnect

Heritage Auctions

ComicLink

They would get much more excited about OA art offered for them for sale,then the dealer who offers up a bronze to copper 9.6 pressed up to a 9.8

Go check out what all the buzz has been about lately on

ComicConnect

Heritage Auctions

ComicLink

It`s been about

OA

and not the common pressed 9.6 to 9.8 slab.

CGC must realize this,and this move with Matt may have something to do with the waning interest of pressed books. Seems like they are trying to make a jumpstart.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move or a 'jumpstart'. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) 'Waning interest in pressed books?' What planet are you from? There's more pressing going on now than ever before.

E) And what is this 'buzz' you speak of as a quantifiable thing? The Auction houses are just as excited about comics as they are OA. In fact, I get more e-mails from each of them about comic auctions than I do OA. So they aren't sharing the buzz.

 

I get the strong impression that CC lives in his own world where his thoughts are always reality (shrug)

 

You don`t know my style.

I ask questions conflictly so I can learn.

If I ask them boringly I will get the company robot response answer.

I mined a lot of information out of people this way. ;)

 

Is this a poem?

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Here is a thought,and not a statement.

Does anybody see this as a last gasp hail mary by CGC?

They got competition with digital comics exploding in sales on one side,and then they got the big players now moving into OA.

It seems getting that CGC 9.6 pressed into CGC 9.8 doesn`t seem that special anymore.

Look at all the interest this has created on the board.

 

 

CGC will slab more books this year than they ever have. Business is in no way down.

No Hail Mary needed.

You have to admit a 1966 and up cgc 9.8 really isn`t that hard or expensive to get anymore.

An example.

Somebody(dealer) does all that work(pressing and slabbing),but someone(collector) can just go on Ebay or another site, and get that 9.8 cheaper than they would pay the dealer or presser themselves.

The point I am trying to make there really isn`t that much a money incentive now to even want your 9.6 pressed up to 9.8. 3 to 5 years ago pressing and resubs was bank. It is not so anymore for most comics.

Those days are past,and it looks like the big players are moving into OA.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) Who are these big players you're talking about who've moved to OA? Could you name one or two of them?

I will name three.

ComicConnect

Heritage Auctions

ComicLink

They would get much more excited about OA art offered for them for sale,then the dealer who offers up a bronze to copper 9.6 pressed up to a 9.8

Go check out what all the buzz has been about lately on

ComicConnect

Heritage Auctions

ComicLink

It`s been about

OA

and not the common pressed 9.6 to 9.8 slab.

CGC must realize this,and this move with Matt may have something to do with the waning interest of pressed books. Seems like they are trying to make a jumpstart.

Just my opinion.

 

A) none of this has anything to do with CGC and a 'Hail Mary' business move or a 'jumpstart'. Business is booming for them.

B) CGC could care less what you sell your finished slab for. They are in the business of slabbing books. What anyone does with it after that isn't their concern.

C) Where you get the notion that books from 1966 on up in 9.8 are 'not expensive', is beyond me.

D) 'Waning interest in pressed books?' What planet are you from? There's more pressing going on now than ever before.

E) And what is this 'buzz' you speak of as a quantifiable thing? The Auction houses are just as excited about comics as they are OA. In fact, I get more e-mails from each of them about comic auctions than I do OA. So they aren't sharing the buzz.

 

Not to mention that Heritage is by far the largest single submitter to CGC - saying that they're moving into OA at the expense of comics is :screwy:

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Is this a poem?

 

I'll never read it but it is beautiful to look at. Interesting at least.

 

I'm going with contemporary e-art.

I flushed some art earlier today.

 

Pull the handle on this e-dump.

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Is this a poem?

 

I'll never read it but it is beautiful to look at. Interesting at least.

 

I'm going with contemporary e-art.

 

I've told you before..I think you would've been a great literature teacher.

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Potential ways for their to be a conflict of interest that results in something shady, depending on your amount of tinfoil:

 

1. CGC actively undergrades books which do not get CI services first.

2. CGC actively overgrades books which do get CI services first.

3. CGC actively ignores borderline restoration after CI performs resto removal.

 

Whether you think any of these will happen depends on the level of trust you have in CGC. Anyone who doesn't see that CCG has a financial incentive, through its ownership of both CGC and CI, is fooling themselves. It may not happen but it appears to be a conflict of interest. That erodes trust in the product of CGC.

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Potential ways for their to be a conflict of interest that results in something shady, depending on your amount of tinfoil:

 

1. CGC actively undergrades books which do not get CI services first.

2. CGC actively overgrades books which do get CI services first.

3. CGC actively ignores borderline restoration after CI performs resto removal.

 

Whether you think any of these will happen depends on the level of trust you have in CGC.

All irrelevant. The books will continue to go into the grading process blind, devoid of any information regarding submitter or prep work.

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Here is a thought,and not a statement.

Does anybody see this as a last gasp hail mary by CGC?

They got competition with digital comics exploding in sales on one side,and then they got the big players now moving into OA.

It seems getting that CGC 9.6 pressed into CGC 9.8 doesn`t seem that special anymore.

Look at all the interest this has created on the board.

 

 

CGC will slab more books this year than they ever have. Business is in no way down.

No Hail Mary needed.

+1

 

And looking at turnaround times, it looks more like they are trying to kill the clock.

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Worldwide I'd bet that 75% or better of comic collectors aren't interested in graded books at all.

I continue to be surprised at the low percentage of graded books at most smallish to mid-sized shows. The thousands of slabs that are for sale on ebay any given week always give me the impression that the market for slabs is far larger. But I still routinely hear dealers explaining to prospective buyers terms like CGC, slabbing, resto checks, etc.

 

So yeah, there is a big percentage of the hobby that has never got on the carousel.

 

Look at the cost of getting a Bronze Age or earlier graded - $25 give or take after discount, including sh/ins, etc. I suspect the vast majority of books at most shows are worth $50 or less, so slabbing these books doesn't make financial sense. As such, I imagine the vast majority of books in this hobby are not affected by CGC, slabbing, or pressing. Likewise, I suspect the vast majority of money made by dealers and collectors in this hobby is affected by CGC, slabbing, pressing, and this wonderful (d)evolution in our hobby. Follow the $$!

 

Actually, I will get into this type of discussion several times of years with collectors who want to know why I don't have more of my inventory graded. If you have seen what I carry, most of my raw SA stuff (probably 90%) is in the 8.0 to 9.4 range. People ask why I don't get more of that stuff graded.

 

It is simple math. If you take a $100.00 book, for which you (hopefully) paid $50. By the time you press it, grade it, then you are into the book for $80. Right there tells you it leaves little profit. Then, if you figure a 6 month grading time, and the buyer asking for a discount, it is pretty evident it doesn't make any sense.

 

 

 

For the majority of your raw SA stock, you pay 50% of what you think you can get for a comic? I would have thought that would be a lot lower.

 

As I said, almost all my raw stock is high grade as well. And I try to keep high grade copies of most SA Marvel & DCs in stock. That means paying solid prices on stuff. Obviously, I will buy cheaper if I get the opportunity, but if someone has something I don't have in inventory, I will pay at least 50% of what I sell it for, and often times considerably more depending upon the book and the grade.

 

With people selling their own stuff on ebay and other places (auctions, the boards, etc), I am paying more and more for inventory all the time.

 

As

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Worldwide I'd bet that 75% or better of comic collectors aren't interested in graded books at all.

I continue to be surprised at the low percentage of graded books at most smallish to mid-sized shows. The thousands of slabs that are for sale on ebay any given week always give me the impression that the market for slabs is far larger. But I still routinely hear dealers explaining to prospective buyers terms like CGC, slabbing, resto checks, etc.

 

So yeah, there is a big percentage of the hobby that has never got on the carousel.

 

Look at the cost of getting a Bronze Age or earlier graded - $25 give or take after discount, including sh/ins, etc. I suspect the vast majority of books at most shows are worth $50 or less, so slabbing these books doesn't make financial sense. As such, I imagine the vast majority of books in this hobby are not affected by CGC, slabbing, or pressing. Likewise, I suspect the vast majority of money made by dealers and collectors in this hobby is affected by CGC, slabbing, pressing, and this wonderful (d)evolution in our hobby. Follow the $$!

 

Actually, I will get into this type of discussion several times of years with collectors who want to know why I don't have more of my inventory graded. If you have seen what I carry, most of my raw SA stuff (probably 90%) is in the 8.0 to 9.4 range. People ask why I don't get more of that stuff graded.

 

It is simple math. If you take a $100.00 book, for which you (hopefully) paid $50. By the time you press it, grade it, then you are into the book for $80. Right there tells you it leaves little profit. Then, if you figure a 6 month grading time, and the buyer asking for a discount, it is pretty evident it doesn't make any sense.

 

 

 

For the majority of your raw SA stock, you pay 50% of what you think you can get for a comic? I would have thought that would be a lot lower.

 

As I said, almost all my raw stock is high grade as well. And I try to keep high grade copies of most SA Marvel & DCs in stock. That means paying solid prices on stuff. Obviously, I will buy cheaper if I get the opportunity, but if someone has something I don't have in inventory, I will pay at least 50% of what I sell it for, and often times considerably more depending upon the book and the grade.

 

With people selling their own stuff on ebay and other places (auctions, the boards, etc), I am paying more and more for inventory all the time.

 

As

Yeah, I was wondering about that. Why do you think people still sell a few HG SA comics to you rather than getting FMV on ebay or some such? Convenience?

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On the other hand, if you believe that CGC does what they say they do - grade books impartially no matter who subs them or from where they originate - this announcement is a complete non-issue. It's simply a value-added service from CGC's side that you can either use or ignore - no different than, say, fast-tracking a book.

It was viewed as a conflict of interest once upon a time:

 

"Following on the heels of CGC's announcement last week that they are closing PCS, Classics Incorporated is stepping up its dedication to accuracy, safety, and prompt service...

... In Nelson's opinion there has never been a better, safer, and more fruitful time to collect or invest in comics than now. "We commend CGC for their decision to put the collectors' best interests first." SCOOP

 

Applauding the closing of PCS as promoting "collectors' best interests", then assuming that role years later, is a reversal of opinion, if nothing else.

Conflict then, 'value-added service' now.

 

Very interesting....

Yep, the times, they are a changin'...

 

"Ultimately we did not feel that we were serving in the collectors’ best interest if there was a perception of conflict between CGC and PCS."

Certified Collectibles Group to Indefinitely Suspend Comic Book Conservation Service

 

Is it just the two of us that are reading your posts, Davenport? (shrug)

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